TradingView
Bitcoinomyst
Nov 19, 2018 10:18 AM

Bitcoin can even touch 4450$ support to complate chart pattern  

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

Guys we saw a sudden dump in Bitcoin before 4 days ago, & even we can see a symmetrical triangle as well.
the target of symmetrical triangle id 25% and we saw that Symmetrical Triangle breakout in down side, so the real target should be -25%
Till now we achieved almost -20%, So to complate Symmetrical triangle Target we can see another bearish move
And it could be fall to 4450 - 4550 as well to complate symmetrical triangle
Now lets talk to some FA
we all know that Bitcoin Future is enough bright, Bitcoin can touch and then retest 4450 support area then we can see a movement on upper side
Because at current moment most of people are in Bearish sentiment and they are doing shorts, they are earning money by short BTC
To squeeze them all, whales need a very big movement on upperside. So they gonna do it
Are you agree with me??
Support me by like this chart and Follow me to get regular updates
Comment your opinion
I am waiting for comments
Comments
soonnokta
4375-long thx
Bitcoinomyst
@htgorgulu,
Welcome bro, Thanks for your opinion
Hope you are following me for daily updates.
Bitcoinomyst
am i right?
More